Currency Speculations

July 20, 2008

Sun, Jul 20 2008, 22:23 GMT
by Mihai Nichisoiu

Mihai Nichisoiu


I'm once again contemplating the possibility of the Japanese yen being on the verge of further losing ground versus the other major currencies. I'm also of the opinion that the main US and European stock markets may have already found an interim bottom.

On the other hand, I'll be watching out for the Australian dollar breaking out even higher against the New Zealand counterpart - an event which, I think, may take place over the following hours.


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Mihai Nichisoiu  | Bucharest, Romania
http://www.mihainichisoiu.com | mihainichisoiu@gmail.com

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